Geode Capital Management LLC Has $3.62 Million Stock Holdings in Destination XL Group, Inc. (NASDAQ:DXLG)

Geode Capital Management LLC decreased its stake in Destination XL Group, Inc. (NASDAQ:DXLG) by 0.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,231,541 shares of the company’s stock after selling 3,815 shares during the quarter. Geode Capital Management LLC owned 2.11% of Destination XL Group worth $3,621,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Los Angeles Capital Management LLC raised its stake in Destination XL Group by 7.7% during the 3rd quarter. Los Angeles Capital Management LLC now owns 88,626 shares of the company’s stock worth $261,000 after buying an additional 6,300 shares during the period. State Street Corp raised its position in shares of Destination XL Group by 0.6% during the third quarter. State Street Corp now owns 1,058,907 shares of the company’s stock worth $3,113,000 after purchasing an additional 6,300 shares during the period. Jane Street Group LLC lifted its holdings in shares of Destination XL Group by 19.7% during the 3rd quarter. Jane Street Group LLC now owns 64,253 shares of the company’s stock valued at $189,000 after purchasing an additional 10,562 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of Destination XL Group in the 3rd quarter valued at approximately $38,000. Finally, Dimensional Fund Advisors LP increased its stake in Destination XL Group by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,026,076 shares of the company’s stock worth $7,375,000 after purchasing an additional 18,952 shares in the last quarter. Institutional investors own 73.49% of the company’s stock.

Destination XL Group Stock Performance

DXLG opened at $2.70 on Tuesday. The business’s 50-day simple moving average is $2.64 and its 200 day simple moving average is $2.92. Destination XL Group, Inc. has a 52-week low of $2.15 and a 52-week high of $4.51. The firm has a market capitalization of $146.63 million, a PE ratio of 18.00 and a beta of 1.28.

Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings data on Friday, November 22nd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%. During the same quarter in the prior year, the company posted $0.06 earnings per share.

Wall Street Analyst Weigh In

DXLG has been the topic of a number of research reports. DA Davidson cut their price target on Destination XL Group from $3.50 to $3.00 and set a “buy” rating on the stock in a report on Tuesday, December 24th. StockNews.com lowered shares of Destination XL Group from a “buy” rating to a “hold” rating in a research report on Friday, October 4th.

About Destination XL Group

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men’s clothing and shoes in the United States. The company’s stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.